”The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants.”— Thomas Jefferson
“You are gambling with people’s lives!” Warren rips into Powell over job-killing rate hikes.
Roughly two million people in the U.S. would be out of a job if the Fed’s projected unemployment number of 4.6% by the end of the year turns out to be accurate.
“What would you say to them?” Warren asked. “How would you explain your view that they need to lose their jobs?”
Rarely (if ever?) do we side with the ultra left. Facts are facts though, and these ones curdle like an open wound.
We asked our viewers on YouTube what they’d do if they were in Jay Powell’s position:
The results were divisive but a clear winner emerged… “We should NOT pivot however that’s what the Fed will do,” explains voter Moon Over Miami. “It will bail out all these banks and accounts with our tax money. All for nothing since this unsustainable system is doomed to crash anyway.”
Original Main St Mama concurs, writing, “At this rate, the FED & CBs may well go up in smoke. Paulson’s 2008 sidekick N. Kashkari is now Minneapolis’ Fed Prez. If he was being groomed to replace Powell, he may have to reverse course & return to engineering in Space Race… Maybe Musk could use him.”
“We have the testicles of this corrupt government firmly in our grip,” another reader writes in more aggresively. “And all we have to do is collectively squeeze. I think it’s time to drop by your bank, don’t you?”
“If you don’t spot the fish in the first half hour you’re the fish!” reader James M chimes in.
Fighting words, fighting words, but the words of the people no less.
What do you have to say? You can write to me here with your opinion.
Follow your own bliss,
The Wiggin Sessions
Addison Wiggin is an American writer, publisher, and filmmaker. He was the founder of Agora Financial and publisher for 18 years. An acclaimed New York Times best-selling author, his books include: Financial Reckoning Day, Empire of Debt, The Demise of the Dollar, and The Little Book of the Shrinking Dollar. Addison is also the writer and executive producer of the documentary I.O.U.S.A., an exposé on the national debt, shortlisted for an Academy Award in 2008. He lives in Baltimore, Maryland with his family. Addison started his latest project, The Wiggin Sessions, powered by Consilience Financial, in March 2020. He films from a homegrown studio in his basement.